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Independent Bank Corporation IBCP Independent Bank — Other investments

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Other financials

Income statement

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Revenue$58.9M+8.9%
Net income$16.9M+8.2%
EPS (diluted)$0.81+9.5%

Balance sheet

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Cash & equivalents$174.9M+36.5%
Total debt$7.2M+13.4%
Total equity$510.6M+9.3%
Total assets$5.6B+4.3%

Cash flow

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Operating cash flow-$9.2M-148%
CapEx$4.6M+311%
Free cash flow-$13.8M-176%

Valuation

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Market cap$733.37M+16.4%
Enterprise value$565.68M+11.3%
P/E10.5×+1.0×
P/S3.2×+0.4×

Profitability

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Net margin30.3%+0.7pp
FCF margin16.6%-7.1pp

Returns & leverage

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Return on equity14.3%-0.8pp
Debt / equity0.0×

Where this comes from

Reported directly by Independent Bank Corporation in its filing.

Tagged under the XBRL concept us-gaap:OtherInterestAndDividendIncome.

The official record: Independent Bank Corporation’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Independent Bank Corporation's independent bank — other investments?
Independent Bank Corporation (IBCP) reported independent bank — other investments of $1.04M in Q1 2026.
How has Independent Bank Corporation's independent bank — other investments changed year-over-year?
Independent Bank Corporation's independent bank — other investments decreased by 33.5% year-over-year, from $1.57M to $1.04M.
What is the long-term trend for Independent Bank Corporation's independent bank — other investments?
Over 3 years (2022 to 2025), Independent Bank Corporation's independent bank — other investments has grown at a 77.6% compound annual growth rate (CAGR), from $884K to $4.96M.
What does independent bank — other investments mean?
Captures income or returns derived from miscellaneous investment vehicles outside of the primary loan and core securities portfolios. It provides insight into the bank's diversification of its asset base and alternative revenue streams.